Lancaster Colony (LANC) Surpasses Q2 Earnings and Revenue Estimates

Group 1 - Lancaster Colony reported quarterly earnings of $2.22 per share, exceeding the Zacks Consensus Estimate of $1.94 per share, and up from $1.93 per share a year ago, representing an earnings surprise of 14.43% [1] - The company posted revenues of $509.3 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.24%, compared to year-ago revenues of $485.92 million [2] - Over the last four quarters, Lancaster Colony has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2 - The stock has underperformed the market, losing about 3.8% since the beginning of the year, while the S&P 500 has gained 1.9% [3] - The current consensus EPS estimate for the coming quarter is $1.62 on revenues of $481.1 million, and for the current fiscal year, it is $6.70 on revenues of $1.9 billion [7] - The Zacks Industry Rank for Food - Miscellaneous is currently in the bottom 21% of over 250 Zacks industries, indicating potential challenges for the stock's performance [8]